Looking to diversify beyond FZTKX? The mutual funds below have the lowest correlation with FZTKX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FZTKX.
Best Diversifiers for FZTKX
0 mutual funds have low correlation with FZTKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Small Cap Value Fund (FCPVX) (Small Cap Value Equities) with a 1Y correlation of 0.75, roughly unchanged from 0.83 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Small Cap Value Fund | 0.75 | 0.78 | 0.83 | 74 | Small Cap Value Equities | FZTKX vs FCPVX | |
| Fidelity Select Semiconductors Portfolio | 0.76 | 0.75 | 0.78 | 92 | Semiconductors, Technology Equities | FZTKX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 84 | Target Retirement Date | FZTKX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.77 | 0.77 | 70 | Target Retirement Date | FZTKX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.77 | 0.77 | 67 | Target Retirement Date | FZTKX vs FRQAX |
See all 68 diversifiers for FZTKX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FZTKX
Add FZTKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FZTKX